FalconX secures $17M from Accel, Accomplice, and Coinbase Ventures to expand its crypto trading platform

FalconX, a digital asset trading platform that provides clients best execution using data science, announced today it has secured $17M in financing from investors including Accel, Accomplice VC, Coinbase Ventures, Fenbushi Capital, Flybridge Capital Partners, Lightspeed Venture Partners, and Avon Ventures, a venture capital fund affiliated with FMR LLC, the parent company of Fidelity Investments. The funding will be used to introduce new products, expand FalconX's trade execution suite and scale infrastructure to support growing institutional demand for cryptocurrency.